Scheme type – An open ended Constant Maturity Index Fund tracking the CRISIL-IBX Financial Services 3 to 6 Months Debt Index. A relatively low interest rate risk and relatively low credit risk
Investment objective – The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Financial Services 3 to 6 Months Debt Index before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Product suitability – This product is suitable for investors who are seeking income through exposure over the shorter term maturity on the yield curve by investing in an open ended Constant Maturity Index Fund that seeks to track CRISIL-IBX Financial Services 3 to 6 Months Debt Index.
Minimum Application Amount – First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter
Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal (“IDCW”) Option (Payout of IDCW).
Fund Manager – Mr. Harshil Suvarnkar and Mr. Sanjay Pawar
Benchmark – CRISIL-IBX Financial Services 3 to 6 Months Debt Index